U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

Sinopec tested the Tiebei 1HF well at a high daily output of 314,500m³ of industrial gas flow, enhancing gas reserves and ...

Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs.

OPEC is pumping, oil prices are falling, sale producers are pulling up rigs. Our Roundtable pros see plenty of opportunity.

The well was drilled to a vertical depth of 5,300 m and contains a 1,312-m horizontal section. This depth set a record for vertical depth of shale gas wells in China.

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

In the Denver-Julesburg (DJ)-Niobrara shale in Colorado and Wyoming, Nebraska and Kansas, drillers cut one rig, reducing the ... 103.6 bcfd in 2023. Oil and gas drilling permit applications ...

Plummeting crude prices could shave 10% off U.S. rig count in first half, Diamondback says. Its CEO says it's slowing as it sees a "red light" ahead..

Democrats have missed opportunities to stabilize the oil market in the past. When oil prices crashed during the Covid ...